Director, Payables Global Process Owner

Visa•Austin, TX

7d•$169,600 - $271,400•Hybrid

About The Position

The Director, Payables Global Process Owner has the responsibility of managing the global Accounts Payable function within Visa. The Payables function is broken down into five regional centers, each with a regional Payables Lead. Each regional lead will report directly into the Director, Payables Global Process Owner. While the Director role is not responsible for key operational payables tasks, the role will work directly with each regional lead to enforce controls, drive efficiency, embed a culture of continuous process improvement, and drive productivity metrics. This role has extensive interaction with various groups across Finance, including Global Accounting teams, FP&A, Treasury, and multiple business units. The Director role will be responsible for the overall health and effectiveness of the global Payables function, including enforcing a strong control environment. The role will also drive key initiatives across the global landscape, focusing on automation, paid on time metrics, and streamlining processes in key Finance systems. The role requires the ability to work in a complex and diverse, international, and multi-currency environment.

Requirements

10 or more years of work experience with a Bachelor’s Degree or at least 8 years of work experience with an Advanced Degree (e.g. Masters/ MBA/JD/MD) or at least 3 years of work experience with a PhD
12 or more years of work experience with a Bachelor’s Degree or 8-10 years of experience with an Advanced Degree (e.g. Masters, MBA, JD, MD) or 6+ years of work experience with a PhD
10 or more years of work experience with a Bachelor’s Degree or at least 8 years of work experience with an Advanced Degree (e.g. Masters MBA JD MD) or at least 3 years of work experience with a PhD
Experience managing global payables organizations
Experience using ERP system, working knowledge of accounting segments, and managing global payables ledger
Experience of managing a finance team in a commercial multi-national environment
Experience governing complex payables issues including foreign currency transactions
Ability to develop and leverage deep professional relationships with key leadership, in Finance and the business, across a wide international geography
Sound experience with managing internal and external audits
Ability to work well under pressure, across different functional groups and manage multiple projects simultaneously.
Ability to think strategically and support business objectives while effectively balancing risk/reward trade-offs
Knowledge of Microsoft office applications, Oracle Financials, and SAP product suite of Ariba and Concur
Knowledge of the payment industry
Self-directed and motivated
Strong prioritization skills and ability to manage issues to resolution
Working knowledge of Lean Six Sigma principles and tools
Proven leadership skills, with the ability to instigate and support change.
Able to communicate and build cross-functional relationships; work with all levels of personnel and interact with senior and executive management
Customer focused, driven and can lead by example

Responsibilities

Oversight of global Accounts Payable function, focusing key operational metrics including invoice automation, paid on time, PO utilization, and eliminating processing errors
Manage regional Payables leads located in multiple geographies across the globe
Collaboration with a centralized payables Center of Excellence, focusing on turnaround time and operational efficiency
Partner and coordinate with global peers and finance leaders to constantly enhance and improve our key processes, systems, and tools. System and process enhancement is critical to drive the efficiency needed to manage rapidly expanding business activity
Extensive knowledge of key systems including Ariba and Oracle, and advanced knowledge of key tools used in payables process to support process efficiency
Preparation and analysis of global operating metrics, utilizing data to create process efficiencies, identify bottlenecks, and initiate process improvements
Focus on business line or supplier escalations, identifying root cause and implementing solutions
Act as primary liaison for internal audit and SOX testing and validation
Instill a culture of continuous improvement in a methodical, pragmatic and expeditious manner including: automation of manual processes, controls and standardization of accounting/business processes, integrating AI into day to day operations, enhancing controls and identifying process risks.
Use Lean/Six Sigma methodologies to improve Controllership activities
Drive team performance to “Best in Class” standards by improving employee commitment and identifying single point of accountability
Develop effective succession planning, strategic resources, and focus on employee career growth